Iran is a much bigger power in terms of power projection, influence and production. Anyway, that's not the point. Much of that trade you're talking about, is acting like the middle man for Iran-China trade btw. But that's not the point either. Call me when a reactor is being built. Heck, I'm all for peaceful civilian nuclear proliferation. But I don't think the world wants a nuclear capable Saudi Arabia.
Not more one can say, sadly. Excellent bit of comedy though.
I already told you that I am not interested in trolling. I am engaged in a serious discussion.
Anyway keep living in "Mullah land" if that makes you happy. Nor has this thread anything to do with Iran. Nobody cares here.
@xenon54
Here is an article that sets light on why focus on renewable energy resources is a very good idea for KSA given the enormous potential in terms of solar and wind energy.
Even if all the numbers are not fully accurate (I assume they are) it's still pretty insane numbers.
Saudi Arabians Could Export Solar for the Next Twenty Centuries
Every square meter of Saudi Arabia produces an extraordinary 7 kilowatt hours of energy daily in each 12 hours of sun power. If the Saudis were to use up each days solar energy supply, or 12,425 TWh of electricity, it would be a 72 year supply.
Put another way,
in just one day, enough solar energy hits Saudi sands to power the kingdom for 72 years, according to a
study made by the World Academy of Science, Engineering and Technology.
That is an extraordinary resource. It is significantly more than the rest of the world. For example: as a Californian who used a typical 15 kilowatt hours of energy a day, this means my entire home could have been fully solar powered by just 2 square meters – or about 3 feet by 6 feet – of solar panels in Saudi Arabia!
And Saudi Arabia has over 2 trillion square meters able to produce 14 trillion kilowatt hours of solar energy every sunny day – that is enough to power the world.
But of course, no country wants to be entirely devoted to energy production, least of all one that is still making good money from digging up oil, but it is indicative of the kind of money the Kingdom could be earning from solar exports rather than oil exports.
Just as it earns its vast income from oil now, it could equally well earn a similarly vast income from solar in the future. And for vast eons of time.
Transitioning to solar from oil would take an initial investment in the infrastructure, and then would yield an income stream regardless of fuel depletion, because solar is there for the long run, unlike the oil which is getting harder and harder to get out of the ground.
But it is Saudi Arabia itself which is in the best position in the world to make that transition and invest in a replacement for oil. With oil prices at $102 a barrel at today’s market price, the Saudis have over $30 trillion in underground assets.
With that much money in huge (but depleting) assets in petroleum and natural gas reserves, now is the time that Saudi Arabia should invest and become the world’s largest producer of green solar energy.
Saudi Arabia could export solar for centuries either as electricity into the Desertec grid, or as hydrogen fuel, using its tankers and pipelines.
Desertec, which will be shipping billions of kilowatt hours of desert solar energy across to Europe in the near future is becoming a reality in more MENA region nations with the addition of Morocco, Tunisia and Egypt, but the Saudis are not members of the visionary project.
Even though; unlike its poorer neighbors, it has tremendous financial assets – enough to become a leader in the project along with the giant German energy companies RWE and E.On – because it could self-fund its own Desertec infrastructure investment.
With over 250 hours of sunshine each month, Saudi Arabia is ideally located to make the most of solar power.
It even has the infrastructure already in place to be a leader in the solar-powered hydrogen economy of the future. Increasingly hydrogen researchers are turning to sustainable long term sources – wind or solar – for hydrogen production.
Solar powered hydrogen could be transported in the same pipeline and tanker infrastructure that now moves our climate-destroying oil energy around the world.
Saudi Aramco – 100% owned by the Kingdom of Saudi Arabia – through its affiliate, Vela Marine International Ltd, owns and operates the world’s second largest tanker fleet to help transport its crude oil production, which amounted to 3 billion barrels a year. It is a world leader in exploration, producing, refining, distribution, shipping and marketing.
Most of this infrastructure and expertise could be repurposed to transform Saudi Arabia into a solar hydrogen economy.
This infrastructure could be re-engineered to become a gigantic carrier fleet for hydrogen made with sustainable solar energy and shipped worldwide. New solar infrastructure could be added, as it has begun to do in
making polysilicon from its sand.
It is Saudi Arabia that holds the key, with its unique combination of natural and financial resources, to creating a huge long-term future for the world that is based on a sustainable permanent source of energy: our sun.
- See more at:
Saudis Could Export Solar for the Next Twenty Centuries | Green Prophet
Saudi Arabia aims to be world’s largest renewable energy market
By 2032, Saudi Arabia strives to generate as much as a third of the country's energy demands using renewable energy.
Saudi Arabia aims to become the world’s foremost market for renewable energy with an aggressive investment budget of $109 billion. By 2032, the country strives to generate as much as a third of the Kingdom’s energy demands using renewable energy (54 GW).
Following the publicity surrounding the country’s major investment drive, King Abdullah City for Atomic and Renewable Energy (KACARE) released a series of documents detailing the revised National Energy Plan. In addition to the 41 GW of solar power, 25 GW of CSP and 16 GW of PV, the Kingdom is aiming to generate 18 GW of nuclear energy, 3 GW of waste to energy, 1 GW of geothermal and an additional 9 GW of wind power, specifically for water desalination plants.
Impressive and noble though the country’s renewable energy goals maybe, the question remains how will the world’s largest exporter of oil, so dependent on conventional energy sources for their power demand, achieve such a transformation.
Establishing a time-line with long-term policies is at the top of the list.
According to Keisuke Sadamori, director of the energy markets and security directorate, International Energy Agency (IEA), "One of the key messages from the Medium Term Renewable Energy Market Report 2013 by the IEA is that policy uncertainty is the largest risk for renewable investment. Every country, including Saudi Arabia, should introduce long-term policies to provide a predictable and reliable framework to support renewable deployment."
Sadamori, alongside various other international and regional renewable energy experts, will be discussing the key challenges faced by Saudi Arabia and the steps toward overcoming them at the upcoming 3rd Annual Solar Arabia Summit. Taking place on Sept. 29-30 in Riyadh, the summit is hosting 35 experts who will each share their experience in the industry and discuss the latest market trends and policy development in the Kingdom.
Rasheed M. Alzahrani, CEO, Riyadh Valley Company, is also speaking at the summit to discuss joint ventures, partnerships and investments in renewable energy in the Kingdom.
He also acknowledges that "high level plans are already in place, but the major challenge in the Kingdom lies in the absence of a detailed time-line for a clear and gradual shift to renewable energy in the country and the slow adoption and advancement in renewable energy initiatives."
When asked about his company’s participation in the summit, Alzahrani said: "We intend to invest in this sector both in early and late stage opportunities that will add value to the local needs. We will use this platform to introduce RVC and its initiatives and to help foster the development of an energy ecosystem in KSA."
Alongside the summit’s conference agenda, 250 Saudi energy stakeholders are attending to have one-to-one business meetings with up to 40 international solution and service providers.
Confirmed participants include Schneider Electric, Total, Sterling and Wilson, SMA Technology and Trishe Renewables.
Saudi Arabia aims to be world’s largest renewable energy market | Arab News
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KSA taps the sun to meet a third of its energy needs